Our previous published CADJPY buy idea reached its target-108.000, since then price has been on a bearish run making lower lows and lower highs on smaller timeframes. Upon analyzing this evening i have noticed price is resting at a major confluence zone. This confluence area consists of support/resistance, Fib zones and 3rd trendline touch. Combining these...
Upon analyzing higher timeframes such as weekly and daily we can confirm price is currently in a bearish market, making lower lows and lower highs. From a weekly timeframe it appears price failed to make a higher high in which resulted in bearish momentum. Price has a chance of reaching our next major target marked at 1.59000; This is simply a projection based...
Upon analyzing weekly and monthly timeframes we have confirmed we are currently in a long term bullish market with intraday bearish corrections. Although we are in a long term bullish market we have experienced a short term bearish structure on daily timeframes. This can cause confusion in determining directional bias, it is important to focus on the bigger...
From longer term timeframes such as daily and weekly we have identified a bearish structure, price is making lower lows and lower highs. I have marked several significant S/R zones where price has used these zones as support and resistance in the past and should contribute as an added confluence. Price has recently made a lower low and is currently in a...
Upon reviewing weekly and daily timeframes it appears we are currently in a bearish market; making lower lows and lower highs. At this time we should only be concentrated on sell opportunities. We will monitor intraday timeframes such as 4 hour and 1 hour in order to execute a sell position. The best possible course of action would be to wait for a retrace on...
Upon analyzing higher timeframes we have identified a bullish structure as price is making higher highs and higher lows. Price has found support on 4H timeframes. We will analyze intraday timeframes in order to identify a break of structure on lower timeframes in order to enter with the bullish momentum. Price may retest the previous low in which may result in...
Price is making higher highs and higher lows on higher timeframes indicating a bullish trend. Within intraday timeframes there is also bullish momentum, our goal is to enter the market with buy orders until the next support/resistance zone is hit. Price has broken several major support/resistance zones, always use proper risk management when trading and always...
Upon analyzing this pair we can see a clear bullish structure on a weekly timeframe. Although this setup may appear bullish it is imperative that we analyze intraday timeframes such as the 4h in order to validate a bullish break of structure before any buy opportunities are considered. Always conduct your own analysis before executing any trades and remember to...
We are currently in a bearish market as confirmed on higher time frames, I am looking to enter in a sell position on shorter time frames in order to move with the overall directional bias. Our directional bias target will be the next major support/resistance zone. Trade with proper risk management and always use a stop loss. Happy trading
Higher timeframes indicate a potential loss of buyer pressure and may roll over temporarily, looking for possible sell ideas to the next area of support/resistance. Trade with caution and always use stop loss Happy trading
This is a relatively easy analysis, we are monitoring this bearish corrective structure, also known as flags, pennants, wedges, etc. These patterns are easy to identify and trade with proper risk management. Although the pattern is present we must wait for a a break of structure on lower timeframes for best entry. Our target will be the next major...
USDCAD SELL IDEA, VIDEO ANALYSIS USDCAD has been experiencing a significant amount of bearish pressure for quite some time now, with that information being given we should only expect sell opportunities until a shift in market momentum. From a monthly, weekly, daily and 4H time frames we have confirmed the bearish structures and now analyzing the market within...
USDCAD has been experiencing a significant amount of bearish pressure for quite some time now, with that information being given we should only expect sell opportunities until a shift in market momentum. From a monthly, weekly, daily and 4H time frames we have confirmed the bearish structures and now analyzing the market within intraday timeframes such as...
This idea is based on simple technical analysis such as trend lines, support/resistance, price action and more. Price does that the potential to go against our favor, but with proper risk management we should be ok J Madrid
This idea is based on several technical factors such as trend lines, support/resistance, price action, fib levels and more. Feel free to follow us on Insta =) @ExecutiveAnalyst
This idea is based on several factors such as support/resistance, trend lines, price action, etc
This idea is based on several technical factors such as SR, price action and trend lines
This idea is based on several factors such as trend lines, price action, supply/demand, etc